Earn more on video classes - The CreativeMindClass Blog
Your CreativeMindClass cost breakdown
We would like to be completely honest on how you could make money with CreativeMindClass and how we make a living.
Surely you have heard about an income stream that is passive. A method that is effective when well, you don't. Creative Mind Class Creative Mind Class, believe it's essential for artists who wish to teach online. For more information on the advantages from passive income can be learn about in this article: href="https://creativemindclass.com/magazine/passive-income-for-artists /">"Passive income for artists. Delegate -the primary step to a successful art-related business".
In contrast to other platforms for teaching where how much you're going to make isn't always clear, we want you to be successful and ensure that you are aware of everything before going to work with us.
Earning a living as an artist or a creator can be tough. We've designed an income-based model that pays as you earn. We charge only once you've succeeded. So no setting-up fees, no monthly charges, no hidden fees. In this piece we breakdown the class price in detail There are no secrets to what you make giving video-based classes.
CreativeMindClass Pricing Fundaments:
- Start with no cost and pay-as-you earn price.
- No setting-up fees, no monthly charges, no hidden fees.
- We charge only when you achieve.
- CreativeMindClass offers 8% revenue share for classes or 12% of revenue share on classes with community feature, or 16% revenue share on classes that have a community feature when you purchase the CreativeMindClass increase sales kit. ( Note: Revenue share is not inclusive of the processing fee charged by Stripe or the student invoicing cost.)
How much can you make from your USD/EUR 100 training course?
Let's say that John is a watercolor painter who is from the United States and wants to develop a basic tutorial on the topic. He's picked CreativeMindClass because of the flexibility the company gives him in creating his own teaching space.
He's decided to begin with a small amount, so he's chosen the basic pricing. After a few hours of hands-on learning about the course, and with help by the CreativeMindClass team, John's video lessons are done and he's in the process of uploading them. it was decided to launch the course for $100 (incl. VAT).
Soon... cheers! The one of John's Instagram fans, Nina, signs up for the class! Nina lives in Germany so later on Johnhas to have to pay German tax.
CreativeMindClasses's automated pricing system does the math for everyone.
The final price breakdown looks like:
- The VAT rate for Germany -> 19 percent
- Payment processing fees for Stripe = 4.4%
- Fee for student invoicing on digital services = 6.6%
- CreativeMindClass Basic Packge fee = 8percent
- John earns -> 63% of each course sold, hassle-free.
For a summary: John earns $63 on each of his $100 classes sold through CreativeMindClass.
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